American Maritime Congress
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 966,813 | 563,668 | 403,145 | 112.6 | 53% |
| 2021 | 1,221,358 | 1,109,000 | 112,358 | 57.6 | 28% |
| 2022 | 986,799 | 789,930 | 196,869 | 77.7 | 33% |
| 2023 | 1,087,158 | 673,039 | 414,119 | 104.9 | 43% |
In its most recent public year (2023), this organization brought in $414,119 more than it spent. Its reserves stood at about 104.9 months of spending, down from 112.6 in 2020. Staff pay was 43% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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